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Pork prices and hog markets have stabilized for the moment, The Hightower Report said. Now, “they look to work higher over the near term,” they said, as China demand is strong and tariffs are falling. A surge of imports is expected in China.
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“CME Lean Hog Index as of March 26 was 91.18, down 0.28 for the day and down 0.77 versus a week ago,” the Hightower Report said. “This is the …
In weighted average negotiated prices for barrows and gilts, the USDA reported:
Austin Schroeder at Barchart.com said, “Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. Open inter…
“The cash hog index has been on the decline lately and was down again yesterday,” the Hightower Report said. “Managed money traders may be com…
Austin Schroeder at Barchart.com said, “Lean hog futures saw mixed action on Wednesday, with contracts mostly within a quarter of unchanged. O…
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